NBCC (India) Limited announced the receipt of significant work orders totaling approximately Rs. 76.27 Crore (excluding GST) in the ordinary course of its business. The primary contract involves the construction of academic and hostel buildings, along with associated infrastructure, for the Dharanidhar University in Keonjhar, Odisha. This project falls under the Project Management Consultancy nature of business and has been awarded by a domestic entity.
NBCC Wins Major Educational Infrastructure Contract
NBCC (India) Limited, a Government of India Enterprise, has officially intimated the receipt of new work orders amounting to approximately Rs. 76.27 Crore (excluding GST). The announcement, dated February 23, 2026, confirms that these contracts are part of the company’s normal business operations.
Details of the Awarded Work
The primary work order secured is for the comprehensive Construction of Academic building, Hostel building, and other infrastructure facilities, including external development works for a specific client. The details of the award are as follows:
- Client: Dharanidhar University, Keonjhar, Odisha (A Domestic entity).
- Nature of Work: Project Management Consultancy.
- Contract Value: Rs 76.27 Cr. (Approx.) (Excluding GST).
Transaction Compliance
As detailed in Annexure-I, the contract has been awarded by a Domestic entity. Furthermore, NBCC confirmed that the promoter group companies do not have any interest in the awarding entity. Consequently, the order does not fall within the scope of related party transactions, ensuring compliance under the “arms length” principle.
The company has advised that further details regarding this order are available on its official website for public record.
Source: BSE
